Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2020 · $12K total declared value · Most recent: Dec 2024 (existres)
Metro Heating & Cooling LLC
Metro Heating & Cooling LLC
FOURTH PROPERTIES LLC
FOURTH PROPERTIES LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Jordan · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1257
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,866 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2649 JAMES AVE N MINNEAPOLIS MN 55411 | TERRILL SINKFIELD | RESIDENTIAL | $213,200 | 42 ft |
| 2657 JAMES AVE N MINNEAPOLIS MN 55411 | MARLLORY PEREZ | RESIDENTIAL | $176,200 | 43 ft |
| 2645 JAMES AVE N MINNEAPOLIS MN 55411 | COPE 19 LLC | RESIDENTIAL | $175,500 | 84 ft |
| 2639 JAMES AVE N MINNEAPOLIS MN 55411 | FLORA ELUM-RYU/SEAN SONE RYU | RESIDENTIAL | $358,000 | 127 ft |
| 2650 KNOX AVE N MINNEAPOLIS MN 55411 | R M CIBOROWSKI & R RAMIREZ | RESIDENTIAL | $247,800 | 139 ft |
| 2646 KNOX AVE N MINNEAPOLIS MN 55411 | ALBERTO PERALTA ZUNIGA | RESIDENTIAL | $236,900 | 145 ft |
| 2654 KNOX AVE N MINNEAPOLIS MN 55411 | DANIEL RICK | RESIDENTIAL | $206,800 | 146 ft |
| 2705 JAMES AVE N MINNEAPOLIS MN 55411 | IZAAK SETTELL DREW | RESIDENTIAL | $219,800 | 155 ft |
| 2642 KNOX AVE N MINNEAPOLIS MN 55411 | CHAD KORTGARD | RESIDENTIAL | $164,700 | 163 ft |
| 2635 JAMES AVE N MINNEAPOLIS MN 55411 | SHELBY RAY & PATRICK RAY | RESIDENTIAL | $369,000 | 169 ft |
Most Recent Sale
Current Tax Year